Lit Protocol has disclosed the tokenomics for its LITKEY token, setting the total supply at 1 billion tokens. The distribution includes 28% for core contributors, 28% for veLITKEY rewards, 19% for early investors, and 10% allocated for airdrops. Additionally, 11% is reserved for the Lit Foundation, and 4% is designated for Aerodrome voting incentives. Tokens allocated to the team and venture capital investors will be locked for one year post-Token Generation Event (TGE) and will be released linearly over the following 24 months.
Lit Protocol Unveils LITKEY Tokenomics with 10% Airdrop Allocation
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